This is a just a quick note to say that my Lending Club portfolio is now fully funded. I have twenty $25 notes in my “Low Risk” portfolio with an average rate of 9.85%, and twenty $25 loans in my “High Risk” portfolio with an average rate of 15.16%.
Since these loans didn’t all fund at the same time, the payment due dates are a bit spread out. The first payment is due on June 13th, so we’ll have to see how things go from there. I plan on posting periodic updates, so stay tuned if you want to know how things turn out.
If you want the full story, here are some of my previous posts:
- Lending Club Review and Account Opening Process
- Investing With Lending Club: Low vs. High Risk Loans
- Our Lending Club Investments, One Week Later
If you have any questions about how Lending Club works, please let me know and Iâ€™ll do my best to answer them.